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October 03, 2018 | Report
Embedding sustainability into the supply chain makes good business sense. Embracing sustainable procurement practices can help companies manage business risks, achieve costs savings through material efficiency gains, enhance their brand reputation, and manage suppliers more effectively. Ever more regulations focusing on social aspects (e.g., human rights, slavery) further reinforce the need to embed sustainability into the supply chain. But success requires a focus on real-world impact rather than primarily compliance-based activities.
Is your sustainable procurement program oriented toward outcomes and impact? Take our short sustainable procurement self-assessment.
How does a company advance from measuring its sustainability activities to focusing on the actual environmental and social outcomes it would like to achieve? And even more dauntingly, how does it encourage its supply chain to do the same? This report presents options for moving forward on sustainable procurement, drawing upon lessons from various companies that demonstrate commitment to outcomes and impact through their sustainable procurement practices. Executives can use it as a resource to refine their approach to accelerating impact across their supply chain.
Evolving role of procurement Environmental, social, and governance (ESG) issues increasingly feature on chief procurement officers’ radar. In today’s digitally connected world, transparency in general, including the way a company procures, is under a constant spotlight. The role of procurement is no longer limited to securing m
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